Despite denials from the Chinese government, Policy Solutions President Jay Truitt believes that behind-the-scenes negotiations over trade are underway. “I’m certain there are conversations that are taking place, whether the Chinese consider them official or not,” said Truitt. “When I talk to the folks in the USDA circle, they’ve had a never-ending series of discussions back and forth.” Despite market volatility, Truitt said momentum is building. “Clearly, the market is starting to see that some progress is being made; one way or another, we need to get it done as quickly as possible.”
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